SOL Strategies to List on Nasdaq Under STKE
SOL Strategies Secures Nasdaq Listing
SOL Strategies, a firm specializing in Solana staking, has been approved to list its shares on the Nasdaq Global Select Market under the ticker STKE. Trading is scheduled to commence on September 9, 2025.
This move marks a significant step for the company, enhancing its visibility and accessibility to institutional investors. SOL Strategies will maintain its listing on the Canadian Securities Exchange under HODL.
Key Takeaways:
- Nasdaq Listing: SOL Strategies will list on Nasdaq under the ticker STKE on September 9, while delisting from OTCQB.
- CEO Statement: CEO Leah Wald emphasized that the listing validates the Solana ecosystem and strengthens institutional access to staking.
Delisting from OTCQB
As part of this transition, SOL Strategies will delist from the OTCQB, where it was previously traded under the ticker CYFRF. Existing OTC shareholders will have their shares automatically converted to the Nasdaq listing.
Validation for Solana Ecosystem
According to CEO Leah Wald, the Nasdaq listing signifies a major validation of the Solana ecosystem. It also positions SOL Strategies as a key bridge, facilitating institutional engagement within the Solana network.
The company anticipates that access to Nasdaq will foster new partnerships, expand its validator network, and enable scalability to meet the increasing demand for staking services.
Market Reaction
At the time of reporting, Solana’s native token, SOL, was trading at $204, showing minimal change over the past 24 hours despite broader market fluctuations, according to CoinGecko data.